Chinook Tyee Industry (CVE:XCX) Shares Up 21.6% – Still a Buy?

Shares of Chinook Tyee Industry Ltd (CVE:XCX – Get Free Report) shot up 21.6% on Thursday. The company traded as high as C$0.53 and last traded at C$0.45. 203,469 shares changed hands during mid-day trading, an increase of 356% from the average daily volume of 44,615 shares. The stock had previously closed at C$0.37.

Chinook Tyee Industry Trading Up 21.6%

The stock has a market capitalization of C$9.10 million and a price-to-earnings ratio of -2.60. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 20.15. The company has a fifty day moving average of C$0.45 and a two-hundred day moving average of C$0.45.

About Chinook Tyee Industry

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Chinook Tyee Industry Limited operates as a financial service company in Canada. The company was formerly known as Global Railway Industries Ltd. and changed its name to Chinook Tyee Industry Limited in August 2013. Chinook Tyee Industry Limited is headquartered in Vancouver, Canada.

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